Thorium is Positive About Development Stage Results
The leading developer of low waste, non-proliferative nuclear fuel technology for existing and future reactors, Thorium Power Ltd (OTCBB: THPW), released its business update for the second quarter today. The stock price reflected the news positively as shares increased 11 percent, or about 3 cents, to 28 cents on volume of 721,356. Seth Grae, CEO of Thorium Power, stated in a release earlier, "We are making strides in bringing our thorium-based fuel designs to the forefront as a viable solution to nuclear proliferation concerns and environmental issues around the world. Specific to Thorium Power, in recent communications we have indicated…